January 13, 2014 AT 11:20 am

HOPE X NOW ACCEPTING BITCOINS

At the request of a bunch of people around the world and because we love to experiment with new things, we’re happy to announce that our upcoming hacker conference will be accepting bitcoins for preregistration. As far as we know, we’re the first ever conference in North America to do this (other than a couple of Bitcoin conferences), so we’re eagerly anticipating the results of this experiment.

See you there 🙂

Greetings programs! Adafruit is pleased to offer BitCoin as a payment method for Adafruit purchases. We’re using BitPay as our payment processor. BitPay is an electronic payment processing system for the bitcoin currency. BitPay enables online merchants to accept bitcoins, as a form of payment like payments from Visa, Mastercard, Amex, Google Wallet and Paypal.

Here’s a video from BitPay that explains their service. And below is the Bitcoin.org overview of Bitcoin and video.

Bitcoin uses peer-to-peer technology to operate with no central authority or banks; managing transactions and the issuing of bitcoins is carried out collectively by the network. Bitcoin is open-source; its design is public, nobody owns or controls Bitcoin and everyone can take part. Through many of its unique properties, Bitcoin allows exciting uses that could not be covered by any previous payment system.